Watch Business Live: Why oil costs usually are not surging forward amid Middle East battle

Join Sky News because the UK’s largest steelworks will stop manufacturing right this moment after greater than 100 years, resulting in hundreds of job losses throughout South Wales.

Blast Furnace 4 – the ultimate furnace working at Tata Steel’s plant in Port Talbot – might be totally shut down at about 5pm, with the final metal made late on Monday night.

In an e-mail despatched to workers and seen by Sky News, Tata UK’s chief government Rajesh Nair admitted it could be a "difficult day" of "great emotion and reflection"

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